►
From YouTube: Meet Your Delegate | Ep. 2 Ft. Tim Black & Planet_X
Description
Introducing two of the proposed delegates for MakerDAO Governance, Tim Black and Planet_X.
Maker Forum: https://forum.makerdao.com/
Maker Chat: https://chat.makerdao.com/
Delegate UI:
https://vote.makerdao.com/delegates?network=mainnet
Host - LongForWisdom
Forum - LongForWisdom
Chat - LongForWisdom
Tim Black
Delegate Platform -
https://forum.makerdao.com/t/scaling-dai-delegate/9366
Forum - TWBlack88
Maker Chat - Tim.Black
Twitter - iamTWB_
Planet_X
Planet_X Delegate Platform -
https://forum.makerdao.com/t/planet-x-delegate-platform/9422
Forum - Planet_X
Chat - Planet_X
A
Hello,
everyone
and
welcome
to
make
it
our
mutual
delegates
meeting
number
two.
A
The
meeting
in
which
we
yeah
get
to
speak
to
people
who
want
to
be
recognized
delegates
and
make
it
out
and
ask
them
questions
and
make
them
feel
uncomfortable.
Yes,
I'm
joined
by
a
bunch
of
people.
I'm
joined
by
two
more
of
our
recognized
delegates,
one
tim
black
and
one
planet
x,
yeah.
So
the
format
of
these
meetings
is
the
delegates
have
will
take
a
few
minutes
to
sort
of
discuss
their
permit
their
sort
of
platform
like
what
they
care
about
within
make
a
dow.
A
Then
we
have
yeah
like
sort
of
15
to
20
minutes,
maybe
a
little
longer
for
questions
yeah.
We
have
two
days
we're
so
yeah.
Now,
let's
get
started,
I
guess
tim.
Do
you
want
to
introduce
yourself.
A
B
C
No
slides
for
me,
so
yes,
please
allow
me
to
introduce
myself.
I'm
planet
x,
a
full-time
crypto
investor
from
norway,
and
I
want
to
be
a
delegate
first,
a
little
bit
about
me.
I've
been
in
crypto
since
2014
and
I've
been
a
maker
investor
since
2016.
C
regarding
name
planet
x,
I'm
not
really
anonymous.
I
just
have
a
strange
sounding
norwegian
name.
So
when
I
found
crypto-
or
I
just
chose
to
call
myself
plant
x-
and
I
had
stuck
stuck
with
that
since
then
so
in
makers
since
2016,
why
have
all?
Why
have
I
held
on
to
this
so
long?
You
know
if
encrypt
of
five
years
is
a
complete
geological
epoch.
C
C
That's
the
first
thing
and
the
second
business-wise
maker
has
a
a
natural
moat
around
its
business.
That
is
very
rare
in
crypto.
Actually,
and
I
don't
see
many
other
projects
that
have
it
and
third,
is
the
community
itself,
the
the
I
believe
the
community
is
large
enough.
It's
smart
enough
and
active
enough
not
to
be
outflanked
by
developments
elsewhere,
and
if
something
comes
in
from
the
blind
side,
I
believe
the
communities
also
can
respond
quickly
enough.
C
C
There
are,
of
course,
other
reasons
as
well,
such
as
maker
being
among
the
the
dao
pioneers
and
just
making
this
type
of
organization.
Work
is,
of
course,
very
interesting,
interesting
all
right.
So,
with
regards
to
to
make
a
governance,
I
will
simply
quote
my
own
delegate
profile
here.
C
I
believe
in
two
things
with
regards
to
maker,
that
is,
maker
has
to
scale
and
maker
has
to
function
now.
Needless
to
say,
it's
not
going
to
scale
unless
it
first
functions
so
with
functionality.
I
mean
directions
or
methods
of
doing
things
that,
if
you
leave
it
untouched,
and
this
will
not
damage
maker
in
the
foreseeable
future,
so
I'm
not
a
perfectionist,
I'm
after
a
good
enough
approach,
so
things
that
I
regard
as
important,
that
is,
governance,
overhead
organizational
focus
that
has
to
be
worried.
C
C
C
I
want
systems
capable
of
handling
hundreds
and
eventually
thousands
of
applications
per
month,
and
naturally
this
is
not
doable
just
by
adding
people,
but
you
need
more
than
that
and
that's
why
I'm
a
big
fan
and
a
big
believer
in
things
like
automation,
incentives,
scaling.
C
C
That's
why
I
believe
in
being
quite
strict
with
allowing
new
core
units,
because
it's
a
lot
easier
to
say
no
before
they're
on
boarded
than
trying
to
off-board
them
later
it's
going
to
be
much
much
worse.
So
it's
much
more.
According
to
my
humble
opinion,
it's
better
to
to
have
a
a
tough
filter
at
the
entrance
instead
of
off-boarding
core
units.
Afterwards,.
C
Most
of
these
articles,
I
write
to
bounce
ideas
around
and
calibrate
my
own
thinking
compared
to
that
of
the
community.
So
if
you're
interested
in
the
topics
like
governance
or
staking
or
what
separates
being
a
shareholder
from
being
a
token
holder,
you
can
look
up
planet
x
on
the
forum
and
read
some
articles.
C
So
what
do
you
get
when
you
delegate
to
me?
You
get
a
full-time
crypto
enthusiast,
an
investor
in
maker
since
2016..
C
The
interest
alignment
is
near
total,
I'm
basically
just
looking
after
a
substantial
investment
of
mine.
Anyway,
I
also
have
a
very
high
attendance
rate:
have
a
tendency
to
vote
on
more
or
less
everything,
yeah,
okay,
conflict
of
interest.
I
hold
some
other
crypto
as
well
as
in
addition
to
mkr,
but
the
relevant
amounts
are
quite
small.
D
Oh
hey
planet
x,
thanks
for
that
that
was
pretty
nice
so
recently,
you've
put
up
a
post
on
the
forum
with
regards
to
the
marketing
markham's
core
unit,
and
I
just
wanted
to
get
a
more
verbal
take
on
how
important
it
is,
or
not,
for
maker
dow
to
have
a
marketing
core
unit.
Or
do
you
think
the
community
itself,
along
with
someone
like
the
content
core
unit,
can
do
a
good
enough
job
to
provide
that
marketing?
D
That
we
need
right
and
do
you
think
it
is
also
has
to
do
with?
Maybe
you
know
the
expenditure
of
adding
another
core
unit
that
could
be
quite
expensive.
I
mean
I
just
kind
of
want
to
get
your
feeling
on
that
and
your
thought
process
when
it
came
to
you
know
campaigning
against
the
recent
marcom's
core
unit
campaign.
C
Yes,
thank
you
for
the
question
yeah
for
those
who
are
not
completely
involved
in
the
governance
of
maker.
I
can
just
repeat
that
the
last
couple
of
months
there
have
been
a
team,
a
proposed
core
unit
called
marcoms
that
first
made
a
one
proposal
that
was
rejected
and
then
made
a
revised
proposal.
That
was
also
rejected.
C
I
was
one
of
the
interested
parties
or
persons
that
advised
people
to
vote
no
and
the
reason
for
that
was
had
nothing
okay,
it
was.
It
was
partial,
their
budget,
which
at
least
initially
was
way
too
high
and
not
sufficiently
well
argumented,
but
I
sincerely
believe
that
they
were
not
professional
enough.
C
And
hadn't,
in
my
opinion,
an
outdated
view
of
developments
in
crypto.
C
Do
you
want
further
details,
or
is
that
sufficient
for
you?
Okay?
First
of
all,
let
me
just
say
that
making
needs
marketing
absolutely,
but
preferably
not
by
that
proposed
core
unit.
Okay,.
D
Got
it
and
when
it
comes
to
distribution
right,
I'm
a
big
believer
that
distribution
right
plays
a
big
part
of
how
you
should
market
a
product.
Do
you
think
die
and
maker
thou
has
reached
that
distribution
level
where
on
scales
from
one
to
ten,
ten
being
like
a
huge
necessity
that
we
do
need
a
marketing
core
unit
or
some
type
of
marketing
game
plan
to
put
into
action
in
the
next
say.
You
know
six
months
before
the
end
of
2021.
D
Know
you're
you're
into
scaling
yourself
right.
That's
part
of
your,
your
cam,
not
your
campaign,
but
your
delegate
proposal.
So
I
just
want
you
to
touch
base
on
that.
If
you
can-
and
I
appreciate.
C
C
I
would
prefer
to
see
a
much
more
focused
approach,
because
you
know
going
back
a
few
years.
Crypto
was
all
about
the
banking,
the
unbanked
or
you
know,
offering
payment
services
to
various
parts
of
the
world,
but
the
way
gas
fees
has
developed.
That
is
it's
totally
out
of
the
question
and
when
we
look
at
who
has
major
positions
in
among
the
vaults
at
maker.
C
At
the
moment,
maker
is
basically
serving
the
one
percenters
like
it
or
not.
That's
just
a
fact
of
life.
So
would
I
like
the
marketing
to
concentrate
or
not
you
know,
I'm
not
gonna,
say
yes
or
no
to
that
I'll.
I'll.
Simply
leave
that
to
the
to
the
next
group
that
gets
voted
in.
F
I
wanted
to
hop
in
real
quick.
If,
if
I
can,
the
you
mentioned
that
you're
generally
always
voting.
Is
there
specific
examples
of
things
you
might
abstain
from
voting
for
or
against,
and
just
completely
not
vote
at
all,
or
is
it
kind
of
hard
to
say.
C
That's
that's!
That's
the
truth.
If
you
want
to
know
why
I
haven't
voted
for
things,
that's
80,
I've
forgotten
about
it.
G
Yeah,
so
I
have
a
question
in
terms
of
being
a
big
person
for
scaling,
as
you
mentioned,
but
also
kind
of
showing
the
restraint
in
terms
of
you
mentioned,
with
core
units
easier
to
say
no
at
the
start
than
afterwards.
I
was
wondering
if
you
had
some
like
philosophy
or
some
insight.
You
could
share
to
us
as
to
how
you
go
about
balancing
that
that
desire
to
scale
versus
that
kind
of
more
measured,
take
on
on
granting
core
unit
privileges.
C
C
C
A
Maybe
I
can
jump
in
and
ask
one
from
the
from
the
sheet
as
well.
So
there's
been
some
discussion
in
the
forum
recently
around,
like
you
know,
adding
like
permission
vaults
to
to
make
it
down.
So
it's
kind
of
curious
where
you
stand
on
the
sort
of
you
know
on
the
issue
of
sort
of
permission,
vaults
versus
permissionless
access
to
stuff
and
whether
you
have
strong
feelings
either
way.
C
Yeah
with
permission,
are
you
talking
kick
aml
permissions.
A
No
so
just
like!
Well
I
mean
I
don't
know
what
you'd
call
it.
I
guess
not
not
kyc.
There
was
a
proposal
in
the
forum
about
setting
up
a
vote
for
the
next,
so
I
think
so.
It
was
like
setting
up
like
making
sort
of
deals
with
specific
companies
right
that
might
meant
a
lot
of
die
if
they
can
get
sort
of
favorable
rates
or
whatever.
Oh.
C
Okay,
purely
from
an
ideal
ideological
position,
I
would
be
inclined
to
be
slightly
against
because
you
know
we
are
supposed
to
be
for
everybody,
but
you
know
in
real
life,
we're
not
and
then
again
with
scaling.
C
If
we,
you
know,
permission
volts
could
help
that,
and
it
could
also
be
a
bit
dangerous
because
we
we
get
into
or
could
get
into
a
complex
negotiations
with
other
groups,
but
in
general
I'm
for
these
types
of
deals
simply
because
the
the
landscape
of
crypto
is
is
evolving,
and
sometimes
we
just
find
out
that
some
user
groups
are
so
important
that
they
need
a
provisioned
vault.
F
C
C
In
general,
I
love
the
psn
modules,
the
the
only
stable
coin-
I'm
I'm
very
cautious
about
is
tether
with
regards
to
the
other
stable
coins,
I'm
all
for
about
expanding
the
psm,
it's
just
necessary,
and
especially,
if
there
ever
is
a
central
bank
backed
cryptocurrency.
C
Of
course,
I
want
the
psm
to
deal
with
that
as
well.
So
I
think
that
the
psm
that
that
one
is
here.
G
C
G
H
Hey
planet
x,
any
thoughts
on
pay
for
delegates
and
do.
E
H
Opinion
on
the
development
of
political
parties,
would
you
support
that,
or
is
that
something
you
think
you
would
avoid.
C
I
would
really
not
like
to
see-
and
I
think
it's
if
we
can
avoid
it-
it's
quite
far
off
into
the
future,
because
in
order
to
have
a
political
parties,
you
first
need
to
have
a
kind
of
a
fixed
cake,
and
then
you
fight
for
portions
of
that
cake
and
make
it
out
is
growing
so
fast
and
will
be
continue
to
grow
so
fast
for
a
number
of
years,
yet
so
that
that
that
fixed,
some
of
money
to
fight
for
that
is
not
gonna,
be
a
topic
for
for
quite
some
time
yet.
C
So
that
was
your
question
on
on
the
political
parties,
then
about
delegate
pay.
Well,
yes,
I'm
for
delegate
pay,
I'm
you
know
personally.
For
me,
it
is
not
going
to
be
very,
very
good
because
it
will
involve
you,
know,
value-added
tax
and
attack
normal
taxes
on
top
of
that,
as
well
as
accounting.
So
personally,
I'm
not
really
going
to
profit
from
this,
but
there
are
other
delegates
as
well
and
they
need
to
justify
the
time
that
they
spend
on
this
and
the
only
way
to
to
justify
that
is
to
pay
them.
I
C
C
Okay,
purely
from
a
scaling
perspective,
it
would
be
a
fantastic
if
we
could
prioritize
the
the
ability
to
to
onboard
u.s
treasury
notes,
because
there's
the
interest
rate
will
not
be
very
high,
but
the
the
amount
is
practically
unlimited.
C
C
C
It's
better
to
do
project
financing,
and
to
that
I
will
say
that
maker
as
an
organization,
should
be
very
careful
about
financing
projects
directly,
because
it's
a
it's
a
very
steep
learning
curve
and
I'm
not
sure
we
are
supposed
to
be
project
financers.
C
Then
there's
a
question
about
the
time
frame
I
mean:
do
we
do
we
go
for
10-year
treasury
notes
or
you
know
six-month
trade
finance.
You
know
there.
I
mean
there
are
pluses
and
minuses
to
to
all
of
these
collateral
types.
So
I
think,
actually,
what
we're
doing
right
now
is
perhaps
the
the
best
thing
and
as
we
we're
doing
a
little
bit
of
everything
and
we
learn
as
we
go
and
basically
take
it
from
there,
because
just
doing
one
thing
completely
from
the
outset.
C
C
Was
that
a
an
answer
you
can
sort
of
live
with
yeah.
E
Brandon
I
wanted
to
to
comment
on
a
couple
of
things.
The
the
first
one
is
that
you,
you
managed
to
be
a
bit
the
red
team
and
be
very
outspoken,
which
is
both
a
good
thing
and
a
bad
thing.
Like
some
people,
don't
appreciate
a
lot
being
told
things
that
straightforwardly
and
the
other
thing
is
that
you
did
manage
to
to
ride
a
mip,
and
then
you
decided
that
that
it
was
generally
too
much
too
much
conflict
and
kind
of
like
took
it
back.
E
But
do
you
think
that
that
would
change
eventually,
when
you
start
getting
this
mkr
from
different
yeah
potential
holders
and
and
they
tell
you
hey,
I
would
like
you
to
vote
on
this,
or
is
it
more
like?
This
is
my
the
way
I'm
going
to
vote.
This
is
my
personality
and
and
I'm
going
to
go
ahead
with
my
own
red
team
technique,.
C
That's
a
good
question.
You
know
I
have
I've
partially
cheated
on
the
on
the
delicate
thing
already,
so
I
have
an
inbox
that
has
a
fan
mail,
not
so
fun
made
and
various
attempts
at
the
vote
influencing.
C
So
what
can
I
say
of,
of
course,
if
people
want
to
discuss
something
I
I
should
in
general
be
available,
but
I
I'm
not
sure
how
productive
that
is,
but
also
it
brings
up
a
you
know
out
in
the
real
world,
the
so-called
active
ownership
role.
What
you
call
red
team
is
sometimes
it
works,
and
sometimes
it
doesn't
work,
because
if
you
are
a
decision
maker,
sometimes
you
need
to
keep
a
certain
distance
and
that
can
can
partially
become
problematic.
C
So
you
know
I
I
don't
have
a
definitive
answer
to
give
you.
You
know
there
was
a
question
about
becoming
a
politician
and
I
don't
I
don't
feel
like
becoming
a
politician.
So
as
long
as
I
feel
like,
I
can
add
something
by
just
being
myself,
then
I'll.
Stick
to
that
and
if
not
I'll
I'll
see
how
it
develops.
J
Is
it
possible
for
the
recording
to
get
some
definitions
of
what
exactly
is
red
teaming?
Because
I
know
that's
a
bit
of
a
a
jargony
word
for
some.
J
I
mean
I
mean
I
can
all
right.
Fine,
you
guys
convinced
me
all
right
so
red
teaming.
Well,
you
think
of
it
like
red
team
versus
blue
team
right
and
the
home
team
is
considered
the
blue
team.
That's
what
we're
doing
right,
but
the
purpose
of
the
red
team
is
to
disagree
and
to
try
to
figure
out
what
all
the
bad
things
that
the
red
team
is
or
the
blue
team
is
doing.
J
So
their
role
is
to
you
know,
produce
constructive
criticism
and
sometimes
that
can
affect
people's
emotions
and
and
all
of
the
time
it
will
produce
a
better
result.
J
F
As
a
follow-up
to
that,
I
know
you
have
posted
specifically
the
one
you
referred
to
as
a
encouragement
to
vote
no
on
the
marcom's
core
unit.
Would
you
see
yourself
potentially
posting
about
things
that
you
would
support
and
say
yes
about
or
would
that
be?
Yes,.
C
You
you're
totally
correct
about
that.
Yes,
I
would
definitely
say:
please
vote
yes
to
this
and
that,
but
most
of
the
time
you
know
I've
looked
into
the
the
voting
at
at
maker
and
I
think,
like
85
percent
of
the
votes
is
just
like
click.
Yes,
there's
no
discussion
and
that's
okay,
so
the
the
controversial
ones
are
the
some
some
decisions.
They
are
assumed
to
be
a
no-brainer
and
suddenly
there's
quite
a
lot
of
discussion
about
it.
C
F
A
Have
you
got
time
for
one
more
for
the
planet
before
we
move
on
to
tim?
Does
anyone
have
a
last
question,
maybe
I'll
end
with
a
really
broad
one,
so
I
guess
what
do
you
see
as
like
the
purpose
of
let's
make
a.
C
C
I
think
it
is
fantastically
hard
to
to
forecast
the
future
and
it's
practically
practically
impossible,
but
if,
if
maker
could
help
lowering
the
cost
of
capital.
A
C
A
C
All
right,
yeah,
any
final
final.
C
I'll
turn
it
over
to
tim.
A
Just
before
tim
starts,
do
you
want
to
maybe
share
like
yeah
like
forum
twitter,
handles
anything
any
contact
stuff?
You
want
to
talk
about.
C
No,
not
really.
I
can
possibly
share
a
link
to
my
delegate
profile,
but
I'll
need
to
look
it
up.
First,
so
tim,
you
just
go
ahead.
B
Cool
thanks
planet
x
for
sharing
a
platform
that
was
awesome.
May
I
have
screen
sharing
permissions.
B
Are
we
full
screen
now.
B
Cool
so
hello,
everybody
on
this
call
and
out
in
the
metaverse
of
the
internet,
I'm
tim
black,
presenting
my
delegate
platform
here
for
maker
dow.
I
really
liked
the
way
frank
did
this,
so
I'm
gonna
do
a
little
bit
of
a
background
on
who
I
am
and
why
I'm
here
and
then
get
into
some
values
and
other
such
so.
Like
everybody,
I
feel
like
it's
fun,
to
talk
about
the
crypto
journey
we
all
started
on.
I
am
old,
so
I've
been
in
the
space
adjacently
and
then
gradually
more
and
more
involved.
B
Since
2013.
I
had
my
aha
moment
where
I
recovered
a
wallet
from
seed
in
2016,
and
then
I
became
professionally
involved
in
2018.
You
can
go
to
my
linkedin
on
my
delegate
profile
and
then
also
on
this
slide.
B
I
put
a
little
overview
of
the
places
I've
worked
and
the
roles
I've
had
been
involved
in
a
variety
of
companies
on
the
spectrum
of
decentralization
from
a
centralized
company,
going
from
seed
to
series
b
to
working
for
the
foundation
as
a
grantee
and
10
years
of
chasing
being
a
musician
gigging,
a
lot
being
a
small
business
owner
and
hustling.
I
sort
of
love
framing
this
whole
thing
as
a
blend
of
product
operations
and
community.
B
Those
are
the
focuses,
I'm
always
trying
to
continue
to
think
of
learn
about
and
the
lens
that
I
generally
take
to
well
looking
at
the
universe,
I
guess
so
that's
a
little
background
on
who
I
am
and
then
the
meat
of
a
delegates
platform,
I
guess,
are
looking
at
maker's
challenges
and
our
own
values
right,
and
so
I
like
to
phrase
challenges
as
opportunities.
B
Maybe
perhaps
that's
optimism,
but
what
are
you
gonna
do,
and
so
I
see
maker's
largest
challenges
right
now,
as
removing
our
coordination
friction
which
will
get
into
how
I
see
those
as
part
of
my
values,
diversifying
our
supply,
no
real,
surprise
there,
I'm
not
presenting
anything
earth
shattering,
I
think,
as
a
delegate,
but
still
worth
mentioning
and
then
another
thing
that
I
think,
is
a
challenge
that
we've
had
is
connecting
to
the
broader
just
tech
ecosphere
that
we
live
in
and
then
the
web
3
community
within
d5
itself,
and
so
my
first
value
is
one
of
cautious
optimism.
B
You
could
also
call
this
strategic
patience,
which
is
essentially
be
voting
for
things
that
sort
of
mock
or
follow
the
way
that
pe
goes.
They
ship
well-tested,
reliable
and
space
grade
code,
and
so
I
basically
vote
for
more
of
that,
and
so
the
mechanics
to
that
would
be,
for
you
know,
delaying
for
more
testing,
stressing
audits
thinking
through
what
we're
shipping
not
bundling
executives.
I
really
liked
what
happened
most
recently
with
the
most
recent
executives.
B
There
was
really
really
thoughtful
amount
of
work
put
into
delaying
those
and
making
sure
that
they
matter
you
know,
I
think,
to
be
optimistic
and
patient.
I
think
mechanics
matter
the
most.
I
am
definitely
on
the
side
of,
I
think
all
the
other
delegates
that
we
definitely
need
some
more
builds
in
our
system,
but
I
like
to
be
conservative
to
see
how
fast
things
fill
up,
and
I
would
also
extend
that
patience
into
real
world
assets
until
there
are
just
more
of
these
companies
as
a
capitalist.
B
First,
I
love
to
see
competition,
so
I'm
really
excited
to
see
what
happens
there,
but
really
in
a
nutshell,
cautious
optimism
is
just
staying
mindful
of
the
threats
that
come
right.
You
know
recognizing
that
there's
competition
and
celebrating
our
wins.
When
we
can,
you
know
because
there's
always
going
to
be
another
fire
to
put
out.
We
just
have
to
be
thoughtful
with
each
other.
B
Another
value
that
I
put
up
was
long-term
scalability.
This
is
broken
down
into
sort
of
three
bullet
points
like
growing
dye
supply
and
being
diverse
in
our
portfolio
and,
most
importantly,
scaling
the
dow.
You
can
see
these
bullet
points
as
sort
of
free
alpha.
B
I
guess,
but
as
someone
who
really
wants
to
see
us
scale
the
supply,
I
think
really
thinking
through
how
that's
by
functions
so
investing
in
our
growth
a
little
bit
more
is,
I
think,
a
little
bit
more
important,
and
then
I
mentioned
it
earlier,
but
you
know
some
of
the
points
on
diversifying
the
portfolio
are
just
really
important
to
our
long-term
growth.
B
You
know
planet
x
said
it
more
elegantly
than
I
did
and
just
having
hundreds
of
different
types
of
assets
to
choose
from,
and
I
think
that
there's
over
the
next
six
months
going
to
be
an
incredible
amount
of
ones
to
choose
from
which
is
going
to
be
really
exciting.
You
know
I
mentioned
real
world
assets,
but
I
think,
as
long
as
we
continue
to
take
the
same
approach
there
with
watching
these
companies
come
in
and
develop
the
innovations
and
walk
and
then
run.
I
think
that's
going
to
be
really
helpful.
B
I
think
we'll
have
a
longer
discussion
about
those
I'm
sure
later,
but
there's
other
technical
types
of
diversity.
We
can
look
into
you
know,
there's
an
incredible
amount
of
things
happening
with
nfts
right
now
with
services
like
fractional
coming
online,
and
I
just
think
that
inevitably
soon,
there's
going
to
be
rappers,
that's
sort
of
set
price
force
and
make
things
a
little
bit
easier
to
discover.
B
So
I'm
really
excited
to
see
the
innovations
that
come
there,
but
most
important
to
long-term
scalability
is
really
scaling
the
dow
itself,
and
so
I
think
that
there's
some
ideas
here
happy
to
pursue
those
with
anybody,
who's
interested,
but
things
like
moving
sort
of
organizational
policies
in
a
more
nimble
manner,
figuring
out,
possibly
ways
to
signal
mkr,
maybe
on
the
forums
that
are
a
little
bit
gas
free
or
easier
to
see.
You
know
for
this
organizational
thing:
could
we
possibly
just
get
at
least
some
consensus
from
stakeholders?
B
I
also
think
another
way
to
scale
the
dow
a
bit
is
to
do
more
outreach
to
other
dows
I've
seen
a
lot
of
this
stuff
is
coming
online
already.
I
know
that
govcoms
has
an
idea
for
emissaries
or
dow
plum
outs.
Diplomats,
as
juan
said,
I'm
really
excited
to
see
how
that
would
work,
but
I
think
it's
really
important.
That
maker
is
in
everybody's
minds
that
will
just
lead
to
a
more
long-term
view
of
where
we
are
and
how
we
sit
within
our
general
ecosystem.
B
I
also
think
it
would
be
really
awesome
to
extend
some
of
our
mips
towards
a
nimble
sort
of
interim
or
single
purpose.
Dow
team
framework-
I
think
small
dows-
are
exploding
right
now
over
the
past
few
months.
I've
seen
this
in
the
space
in
general
since
I've
been
in
it
for
so
long,
but
I
think
there
is
an
opportunity
for
us
to
fund.
I
don't
know
a
research
team
or,
like
you
know,
a
couple
people
who
want
to
do
risk,
but
they
have
full-time
jobs
somewhere
else
and
sort
of
off-board.
B
B
But
I
also
really
loved
the
way
sam
took
the
approach
to
prioritize
both
types
like
similar
to
the
g-uni
thing
when
he
put
up
the
gelato
rapper
for
uniswap
positions,
mostly
like
the
approach
of
we
would
like
to
prioritize
this
thing
to
free
up
this
type
of
pressure
on
the
usdc
exposure,
which
I
thought
was
really
smart
and
another
adaptability
thing
which
is
a
pipe
dream,
but
I
figured
I
would
at
least
put
it
in
here
anyway.
This
is
the
discussion
about
the
surplus
buffer.
B
But
the
most
important
thing
here
is
really,
I
think,
there's
a
larger
discussion
and
like
a
more
elegant
way
to
handle
our
expenses
that
we
all
need
to
have
as
a
dow,
and
so
I'm
really
excited
to
participate.
In
those
discussions
and
like
I
said
earlier,
if
we're
thinking
about
our
long-term
scalability
funding
groups,
it'd
be
really
cool
to
just
evaluate
the
mechanic
of
burning
itself
by
some
sort
of
outside
group.
B
Maybe
555
would
be
perfect
for
this
one,
not
quite
sure,
but
I
think
it's
definitely
worth
a
discussion
to
think
through
our
mechanics
a
little
bit
and
upgrade
them
a
bit
which
should
be
really
really
interesting
and
so
values
are
cool.
Ideas
are
great,
but
you
know
we
want
to
put
our
values
to
work
right.
That's
why
we're
here
as
delegates
and
so
should
people
decide
to
delegate
to
me,
which
I
just
found
out
there's
at
least
one
in
there
this
morning.
B
So
you
can
sort
of
expect
that
I'll
try
to
communicate
as
best
as
possible,
basically
coinciding
with
an
executive,
put
an
update
on
the
forums,
probably
on
twitter
as
well,
because
it'll
basically
just
be
a
tweet
storm
and
then
ideally
give
folks
who
have
delegated
to
me
a
day
in
advance
to
sort
of
review
anything
that
they
might
have
problems
with
you
know
serving
on
their
interests.
B
I
really
want
to
make
sure
that
I'm
capturing
everything
and
then
I
tend
to
be
curious,
which
is
a
blessing
and
a
curious,
so
I'll,
probably
reach
out
to
understand
upcoming
changes,
if
I
don't
understand
them
already
at
a
broad
stroke
and
then
abstaining.
If
I
don't
feel
like,
I
can
really
provide
the
right
value
from
the
vote,
but
we
talked
about
phony
mechanics
a
little
earlier
and
participation
specifically
so.
B
We
tend
to
put
things
up
that
are
really
worth
voting
on,
so
I'm
excited
to
do
some
more
of
that
and
then,
as
always,
my
dms
on
rocketchat
and
twitter
are
open.
So
if
people
want
to
have
a
more
candid
discussion,
I'm
always
happy
to
hop
on
a
call
or
just
chat
it
out.
Async,
I
also
see
putting
values
to
work
is
just
basically
execution
right,
so
it
to
me.
B
I
think
delegation
is
about
balancing
your
delegators
and
the
core
units
to
find
the
win
wins
where
you
might
disagree,
and
then
I
think
the
active
campaigning
is
cool.
It's
not
particularly
my
thing,
but
I
would
love
to
improve
on
that.
Mostly
I've
been
professionally
working,
so
that
will
sort
of
continue.
B
Although
I
do
see
as
delegation
grows,
we'll
likely
inevitably
have
some
debates
which
will
be
on
a
call
like
this,
and
so
that
will
be
really
fun
to
play
a
part
of,
and
then
I
also
think
it's
important
to
you
know
talk
about
maker
relay
which
comes
out
every
week.
You
know
inevitably,
as
delegates
start
posting
their
positions.
B
I
will
most
likely
recuse
myself
from
writing
those
sections
or
editing
them.
I
think
it's
really
important
to
not
have
any
editorial
eyes
on
that
kind
of
stuff,
so
maker
relay
has
cool
plants
too.
So
that's
exciting
anyway.
One
thing
I
haven't
seen
anybody
do,
but
I
felt
was
a
pretty
good
idea
was
to
talk
about
bias
right,
we're
all
humans,
but
there's
like
147
different
types
of
bias
that
you
can
fall
into.
So
I
figured
I'd
at
least
put
the
three
that
really
matter
at
the
top.
B
You
know
I
am
a
technologist
first,
you
know
I've
always
been
tinkering
on
technology
in
different
ways.
So
as
a
startup
person,
I'm
very
much
a
big
proponent
of
growth,
flywheels
and
continuously
investing
in
growth,
I'm
likely
going
to
side
with
protocol
engineering
quite
often
and
ask
many
questions
from
any
team
that
I
don't
understand.
B
The
other
thing
is
that
I'm
an
american
and
soon
to
be
an
llc,
so
global
perspectives
get
lost
on
us
sometimes,
but
I
will
really
try
to
do
my
best
to
advocate
for
a
global
user
base.
B
I've
been
around
you
know,
I've
been
around
many
countries
and
I
think
it's
really
important
that
we
continue
to
remember
that
dye
is
a
global
protocol
with
many
users
in
many
places,
with
many
use
cases
which
is
partially
what
makes
it
so
exciting,
but
it's
something
that
we
definitely
need
to
get
better
at
thinking
through
and
then
the
last
bias,
I
guess
or
conflict
is
that
I
do
have
you
know
some
meager
holdings
in
the
space.
B
You
know
I've
been
around
for
a
while
following
the
stuff,
but
on
those
meager
holdings
things
you
know
they're
pretty
meager
I'll
put
it
that
way,
and
so
with
that
that's
my
platform.
Thanks
for
listening
to
me,
coming
to
the
tim
black
delegate
platform,
talk
thing
appreciate:
you
guys.
A
Cool
yeah,
thank
you,
tim
yeah
floor
open
to
any
questions.
If
anyone
has
any.
J
In
the
event
that
you
feel
like
you,
don't
know
enough
about
a
certain
vote
or
like
that
situation,
where
you
said
you
would
abstain,
do
you
feel
like
that
situation,
and
not
just
for
yourself
but
for
any
delegate?
Is
it
necessary
to
publicly
state
that
you
intend
to
abstain?
Because
I
imagine
that's,
maybe
some
delegates
might
want
to
move
their
delegation
as
a
result,
et
cetera,
et
cetera,
but
yeah
just
curious
about
that
area.
B
Yeah,
that's
the
unsatisfying
thing
as
I
would
say,
it
depends,
which
is
not
great,
but
I
think
the
pattern
of
us
you
know
posting
how
we're
voting
when
we're
voting
will
likely
alleviate
that
and
sort
of
uncover
the
best
practices
to
why
one
would
abstain.
Does
that
satisfy.
G
Thanks
bad
question
in
terms
of
like
time,
commitment
like
you
mentioned
working
on,
make
a
relay
and
you
do
a
lot
of
deep
dives
into
the
kind
of
state
of
dying
and
where
things
are
there,
that's
just
super
helpful
for
the
community.
I'm
wondering
between
that
and
the
day
job.
How
much
extra
time
do
you
foresee
going
into
being
a
delegate.
B
I
see
delegation
as
this
responsibility
right.
I
think
I
put
this
in
my
statement
that
I
would
aim
to
be
upping
my
time
to
participate
more.
I
know
we're
tracking
participation
as
part
of
being
a
good
delegate.
You
know
I'll
definitely
point
out
that
I'm
not
the
most
active
person
on
the
forums
which
is
both
was
a
choice
about
a
year
ago
and
then
kind
of
spiraled
out
of
control.
So
that's
the
long
story
to
get
into,
but
I
think.
B
You
know
participating
in
this
weekly
assembly
of
what
we
have
to
vote
on
and
why
it
matters
and
what's
happening
in
the
community
gives
the
sort
of
advantage
for
all
of
us,
and
so,
if
it
doesn't,
then
I
have
to
sort
of
dog
food
it
to
make
it
easier
to
be
a
delegate.
But
I
don't
know
I've
seen
anywhere
between,
like
you
know,
10
to
20
hours,
that
kind
of
thing
yeah
the
day
job
definitely
does
take
priority,
which
is
why
I
haven't
been
able
to
attend
as
many
meetings.
B
But
you
know
it's
manageable.
The
good
thing
is
that
you
know
I
continue
to
work
in
web3,
so
you
know
there's
a
lot
of
overlap
between
being
a
delegate
and
then
learning
about
that
experience
through
the
place
that
I
work
in
the
day,
which
is
rabbit,
hole.
F
I
kind
of
want
to
touch
on
the
marketing
thing
again.
Do
you
have
specific
feelings
as
far
as
what
what
would
look
good
for
a
marketing
core
unit?
Did
you
feel
like
the
strategic
marcoms
core
unit
was
or
would
have
been
positive
for
the
dow,
and
I
guess
more
generally,
how
important
do
you
think
marketing
is
for
us
specifically
as
a
dao.
B
Yeah
also
a
great
question
series
of
questions
so
I'll
start
off
with
the
does
marketing
matter
for
adao,
yes,
and
no
as
a
community
person,
I
think
emergent.
Sort
of
community
word
of
mouth
stuff
is
far
more
important
than
any
like
professionalized
campaign
type
of
thing,
but
as
a
technologist
and
web
2
person,
you
know
you
have
to
have
some
level
of
marketing
spent
normally
in
like
web
2
companies
like
marketing
spend
equals
vaults
open
right,
and
that
brings
me
to
sort
of
the
core
unit
thing,
which
is
like
quite
tricky.
B
I
think,
because
some
people
are
either
in
or
out
of
the
foundations
they
they're
in
this
weird
quantum
state
of
proposing
a
team
where
they
can't
really
talk
about
what
they've
done,
and
I
feel
like
that's
sort
of
handicapped
their
ability
to
explain
what
they
would
do,
and
so
I
would
really
I
really
do
wish
that
there
was
a
little
bit
of
a
an
interim
governance
process
that
made
it
simpler
for
folks
to
sort
of
establish
like
what
their
plans
are.
B
Specifically,
I
think
that
was
really
the
only
thing
that
was
missing
is
like
specifically.
We
will
do
this
and
it
will
hopefully
lead
to
this
result.
You
know,
I
think
it
would
be
really
wonderful
to
see
a
fleet
of
marketing
teams.
Basically
a
couple
different
ones
focused
on
different
things.
I
think
the
low
hanging
fruit
there
is
actually
to
establish
like
a
marketing
domain
and
then
just
split
the
work
up
on
different
teams.
That
might
be
a
possible
solution,
but
yeah.
Absolutely.
I
think
you
know
I.
B
I
would
say
that
us
not
having
a
marketing
team
may
have
been
helpful.
I
mean
there's
this
fortune,
article
about
defy
and
they
mentioned
die,
but
not
make
her
dao
right,
and
so
ultimately,
I
think
that
would
fall
on
a
marketing
team
and
it
would
be
nice
to
have
folks
who
are
running
point
on
that
kind
of
relationship
so
yeah.
I
welcome
their
revised
application.
I
think
hopefully,
maybe
they
can
either
work
with.
B
I
mean
I
don't
know
if
ses
is
the
proper
team
but
work
with
the
governance
community
writ
large
to
find
a
model
where
they
can
pay
their
bills
while
they
wait
to
present
themselves
in
a
sustainable
way.
I
feel
like
that's
a
little
bit
of
that
friction
that
I
mentioned
earlier.
It's
kind
of
hard
to
exist
in
a
quantum
state
when
you've
got
you
know,
student
loans.
A
A
H
It's
only
fair
to
ask
you
to
delegate.
E
H
And
political
parties,
do
you
feel,
similarly
to
planet
x
or
do
you
disagree.
B
It's
too
early
to
tell,
I
think
I
joked
on
twitter
that
we're
all
part
of
the
scaling
die
party,
which
is
really
more
of
a
conception
than
it
is
any
sort
of
organizational
thing.
You
know.
I
think
that
this
is
the
first
wave
of
delegates,
we'll
start
to
uncover
better
ways
to
work
together.
B
You
know,
I
believe,
wilder
did
a
presentation
about
parties
that
might
emerge.
I
think,
as
the
supply
grows
and
there's
more
diversity
to
sort
of
approach,
then
I
think
that
will
inevitably
happen,
although
I
would
see
it
more
as
like
a
public
coordination
thing
and
like
a
political
party,
splitting
up
a
pie
and
fighting
if
that
makes
any
sense
and.
E
Then,
regarding.
B
Regarding
delegate
pay
yeah,
I
don't
know.
I
think
this
stems
from
some
of
the
work
we
did
with
community
development,
but
I
think
everyone
should
be
paid
for
good
work.
I
do
really
like
that
the
delegate
platform
is
built
on
participating
and
tracking
what
people
are
up
to
and
so
that
it's
more
transparent.
You
know
I
would
prefer
that,
like
whatever
our
pay
model
does
happen
to
be
ends
up
being
a
really
long
term
incentive.
B
So
the
idea
being
that,
like,
let's
just
say,
very
hypothetically,
that
it's
like
mkr,
is
the
chosen
thing
to
pay
in
right,
you're
voting
in
it,
you
get
paid
in
it
or
something
like
that.
I
think
another
delegate
brought
that
up.
I
would
want
to
see
something
or
want
to
see
a
model
where
it's
really
like
set
up
to
emphasize
participation
over
the
long
term.
So
you
would,
you
know
best
and
pay
out
kind
of
similar
to
like
you
know,
startup
runs.
B
I
think
that
would
be
pretty
reasonable
and
I'm
happy
to
jump
into
that
conversation
when
we
decide
to
start
having
it,
but
I
think
right
now,
the
most
important
thing
is
you
know,
does
delegation
work?
Are
these
things
functioning
the
way
we
want
them
to?
Are
people
efficiently
getting
their
voice
out?
There?
Are
people
being
hurt
or
is
it
getting
too
noisy?
You
know,
so
I
think
that
will
come
in
time.
B
Yeah
sure,
well,
I
would
say
that
for
makers
value
capture,
but
more
maker
in
general,
I
think
it
has
some
of
the
most
solid
business
principles
in
the
entire
device
space
which
I
really
like
and
then
as
far
as
the
surplus
buffer
goes
and
burning
specifically,
I
think
it
would
just
be
really
good
to
fund
an
independent
report
of
some
folks
who
have
sort
of
the
same
traditional
expertise
as
risk
does
right,
but
just
looking
at
how
well
burns
have
performed
for
the
function
they
need
to
do.
You
know
I
think,
gosh.
B
What
was
the
fund
krispernisky's
thing?
They
published
like
a
buy
back
and
burn
piece
that
I
thought
was
really
inspiring,
and
that's
why
I
was
making
that
point.
I
think
that
there's
a
more
elegant
function
to
sort
of
free
up
burning
from
where
our
expenses
are.
I
might
be
echoing
paper
imperium
on
this
one,
but
you
know
I
think
it's
really
important
to
sort
of
try
and
separate
those
out
in
some
form
of
fashion,
and
I
think
that
that
also
is
a
longer
placeholder.
Thank
you.
I
Thanks
and
since
the
question
was
so
spicy
on
the
last
round,
apparently,
what's
your
thought
on
on
real
world
assets
and
in
particular,
I
guess
also
centrifuge,
now
that
they're
making
up
a
big
part
of
what's
what's
currently
there.
B
I'm
really
excited
to
see
what
success
does
to
bring
things
online
in
the
real
world
asset
companies,
but
I'm
sort
of
a
you
know,
like
I
said,
a
bit
of
a
capitalist.
I
really
want
to
see
healthy
competition
before
we've
got
too
much
exposure
on
real
world
assets.
That's
just
my
personal
take,
but
I
think
that
centrifuge
has
done
an
incredible
amount
of
work
to.
You
know
function
with
the
governance
community
and
I
think
that
these
are
just
early
experiments
into
like
a
sector
of
the
world
economy.
B
That's
just
really
important
for
maker
to
have
exposure
to
so
I
would
like
to
see
just
more
companies
come
online
and
take
the
same
approach,
and
hopefully
we
can
improve
the
process
for
that
and
the
transparency
and
like
the
functionality
of
it
over
time.
G
It's
going
to
have
something
towards
like
delegate
philosophy
like
what
do
you
see
as
your
role
in
the
ecosystem,
like
are
you
there
to
represent
the
wants
of
your
people
who,
delegate
to
you,
are
you
trying
to
push
for
things
like
in
your
mind?
What
what
is
what
does
an
ideal
delegate
do,
and
how
will
you
follow
that.
B
How
do
we
be
perfect
right,
peyton
yeah,
I
think
I
said
this
early
in
my
slides.
I
might
have
rushed
through
it,
but
I
think
it's
a
balancing
act.
It's
all
about
communicating
why
you're
voting
right?
What
you
think
is
important
to
the
protocol.
B
There's
gonna
be
times
most
likely
where
you
might
disagree
with
the
folks
who
have
delegated
to
you,
in
which
case
we
have
that
unstaking
mechanism
right
or
unlocking,
and
so
I
think
the
ideal
delegate
just
communicates
what
their
position
is
and
and
why,
with
the
parties
that
are
interested.
Basically,
I
think,
hopefully,
that
works.
A
I
guess
maybe,
as
a
follow-up,
you
know,
I
guess:
do
you
see
the
delegates
sort
of
acting?
I
guess
in
a
leadership
role
for
the
protocol
or
like
less
so
right,
you
know,
do
you
think
the
delegates
should
be
sort
of
proposing
you
know
direction,
proposing
like
new
ideas
and
that
sort
of
stuff
do
you
think
they
should
be?
A
I
guess
taking
the
lead
from
the
core
units
right
and
just
sort
of
like
yeah
like
okay,
okay
stuff,
they
propose
right.
B
Yeah,
that's
a
spectacular
question
too.
I
think
there's
a
really
interesting
space
between
core
units
and
maker
holders
to
sort
of
inhabit
what
that
niches,
sort
of
guard
rails.
Look
like,
I
don't
think,
are
really
defined
at
the
moment,
and
so
I
think
it's
going
to
be
an
experiment
to
sort
of
see
how
exposing
your
position
and
being
as
transparent
as
possible
leads
to
that
type
of
interaction.
B
B
B
You
know
serving
in
this
in
between
state
where
they're,
dming,
random
firms
to
sort
of
understand
make
sure
that
the
vote
is
okay
and
then
going
back
to
the
forums
to
talk
to
governance,
we'll
sort
of
see
okay
sure,
but
ideally
I
think
they
should
be
opinionated
at
least
and
then,
if
they
want
to
work
with
other
core
units,
I
think
it's
definitely
worthwhile
to
recuse
themselves
from
conflict
of
interest
right
yep.
This
makes
sense
thanks.
B
F
I
wanted
to
ask
you
as
well:
I
asked
the
same
question
of
planet
x
in
terms
of
the
peg
stability
modules
that
have
been
discussed
and
the
one
from
paxos
that
was
posted
earlier
today.
Do
you
have
opinions
on
expanding
those
into
further
types
of
collateral.
B
Well,
I
mean
in
short,
more
collateral
good,
so
I'm
always
down
to
you
know
see
how
those
things
go.
I
do
think
you
know
stable
coins
as
a
market
die
is
what
like
seven
to
ten
percent
of
the
supply
out
there,
like
total
stable
coin
market,
so
enabling
that
functionality
is
good.
I
would
echo
planet
x
to
say
that
you
know
tether
has
some
concerns
and
it
didn't
really
seem
to
be
performing
well.
I
think
because
it's
mostly
a
centralized
exchange
instrument
rather
than
a
decentralized
one.
B
You
know,
but
I
ultimately
see
that,
like
as
we
bring
on
other
types
of
assets,
you
know
psm
exposure,
especially
to
usdc
in
the
moment,
will
gradually
go
down.
So
psms
may
end
up
being
a
small
part
of
the
pie
like
20
and
there's
like
four
of
them
or
something
that
are
like
dominating,
depending
on
whichever
market
is
sort
of
most
fluid
on
curve
or
something.
B
So
it's
I
don't.
As
long
as
the
code
is
working,
and
you
know
the
debt
ceiling
is
relatively
conservative.
If
people
are
using
it,
then
that's
fine.
You
know
I
see
the
psm
kind
of
is
like
this
product
that
we
built
to
sort
of
alleviate
vault
pressure
from
usdc,
but
then
people
like
it
so
much
that
it's
getting
used.
So
it's
a
good
problem
to
have
that
people
want
to
use
this
thing,
so
it
would
just
be
nice
to
diversify.
A
Right
with
that,
we
probably
should
wrap
it
up.
Yeah,
so
tim
are
there
any
lasts
and
it's
sort
of,
I
guess,
links
or
anything
you
want
to
share
or.
B
They
should
oh
man,
I
hope
they're
in
my
delegate
post,
but
I'm
just
imtwb
underscore
on
twitter.
My
dms
are
open
and
then
rocketchat,
I'm
just
my
name
tim.black
so
feel
free
to
shoot
me
a
dm.
If
you
have
any
other
questions
or
you
want
to
hop
on
a
call
happy
to
do
that
cool.
A
Oh
good
they're
there
great
all
right
yeah,
unlike
unlike
last
week,
the
delegate
ui
is
now
live.
So
if
you
liked
anything,
you
heard
today,
you
can
go
and
use
the
use
the
ui
domain
account.com
to
go
and
delegate
to
one
of
these
fine
people
so
yeah.
Thank
you.
Everyone
for
joining
us
we've
got
another
one
of
these
next
week
same
time.
At
the
very
least,
we'll
have
money
supply,
possibly
one
hour,
not
sure
yet,
but
yeah
we'll
keep
everyone
apprised.
A
So
yeah
yeah
thanks
for
run
again
and
I'll
talk
to
you
all
soon.
Thanks
everybody
take
care
thanks.
Everyone.